Real Estate Acronyms 101 Thrown by an unfamiliar acronym, I just got off the phone with Northstar MLS, who helpfully cleared things up. It turns out that “C-SOAP” stands for “Contingent on the Sale of Another Property.” The status isn’t new, just the acronym (in the last month, in fact). MLS Status So, “C-SOAP” refers...Read More
Parsing MLS Lingo One of the more confusing concepts on MLS is “Days on Market” vs. “CDOM” (Cumulative Days on Market) vs. “History.” Initially, it’s pretty straightforward: after 30 days on the market, a given listing’s “Days on Market” is . . . surprise! . . . 30; CDOM is 30; and “History” shows one...Read More
Once upon a time, when “MF” really had no other connonation, it was fine to abbreviate “Multi-Family” as “MF.” However, as real estate get both “younger” and more online, I suspect that “MF” is increasingly associated with another, not-so-nice definition. So, here’s my advice to MLS: time to retire “MF,” and substitute “Duplex,” “Triplex,” and...Read More
